Tag: regulatory approval
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Pakistan Grants Phase-I Approval for International Investment Limited to Acquire Novartis Pharma Pakistan
Regulatory Approval Marks Milestone in Pakistan’s Pharma Sector The Competition Commission of Pakistan (CCP) has granted Phase-I clearance for the acquisition of Novartis Pharma (Pakistan) Limited by International Investment Limited (IIL). This decision, announced after a thorough competition assessment under Section 11, signals a significant development for the pharmaceutical landscape in Pakistan and the broader…
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Kerry Stokes to retire as Seven West chair after merger deal
Stokes to retire as Seven West chair after merger deal Kerry Stokes, the billionaire chair of Seven West Media, has signalled that he will step down as chair if the proposed merger with Southern Cross Media proceeds. The move would cap a long era of influence for Stokes, who has steered the group since taking…